
Mizzen Ventures Ltd Allots 8,10,000 Equity Shares Upon Conversion of Warrants
Mizzen Ventures Limited (formerly known as Jyothi Infraventures Limited) has approved and allotted 8,10,000 equity shares of face value ₹10/- each, upon conversion of 8,10,000 warrants. The allotment has been made to the respective allottee upon receipt of the balance consideration of ₹3,15,90,000/- (Rupees Three Crore Fifteen Lakh Ninety Thousand only), being 75% of the issue price of ₹52/- (Rupees Fifty-Two only) per warrant. The equity shares so allotted shall rank pari passu in all respects with the existing equity shares of the Company. This allotment has increased the paid-up share capital of the Company to ₹21,99,50,000/- (Rupees Twenty-One Crore Ninety-Nine Lakh Fifty Thousand only), comprising 2,19,95,000 equity shares of face value ₹10/- each. The Board Meeting was held on 30th March 2026, from 2 pm (IST) to 2.45 pm (IST).
Key Highlights
- Mizzen Ventures Ltd has allotted 8,10,000 equity shares upon conversion of warrants.
- The allotment was made upon receipt of 75% of the issue price of the warrants.
- The equity shares allotted rank pari passu with the existing equity shares of the Company.
- The paid-up share capital of the Company has increased to ₹21,99,50,000/-.
- The Board Meeting was held on 30th March 2026.